assume that divisional operating income amounts to $209,000 and top management has established 12% as the minimum return on divisional assets totaling $1,072,000. the residual income for the division is

Answers

Answer 1

Residual income is a measure of a division's financial performance that calculates the amount of income earned above the minimum required rate of return on invested capital. In this case, the divisional operating income is $209,000, and top management has set the minimum return on divisional assets at 12% of $1,072,000, which equals $128,640.


To calculate the residual income for the division, we subtract the minimum required return from the operating income:
Residual income = Divisional operating income - (Minimum required return on divisional assets)
Residual income = $209,000 - $128,640
Residual income = $80,360
Therefore, the residual income for the division is $80,360. This means that the division has earned $80,360 more than the minimum required return on its invested capital of $1,072,000. A positive residual income indicates that the division is generating returns above its cost of capital, which is a good sign for investors and management. However, it's important to note that residual income should not be the only measure of a division's performance, as it does not take into account factors such as risk, capital requirements, and future growth opportunities.

For more such question on assets

https://brainly.com/question/27972503

#SPJ11


Related Questions

alpha has made the following investments. required: which companies would be accounted for using the consolidation method? (select all that apply.)

Answers

The consolidation method is used when a company has control over another company, typically when it owns over 50% of the voting shares. Under this method, the parent company combines the financial statements of both companies into a single set of statements.

Based on this, it is difficult to provide a specific answer without more information about the investments made by Alpha. If Alpha has made investments in companies where it owns over 50% of the voting shares, then those companies would likely be accounted for using the consolidation method. However, if Alpha has made investments in companies where it owns less than 50% of the voting shares, then those companies would likely be accounted for using the equity method.

In summary, the companies that would be accounted for using the consolidation method would depend on the ownership percentage of Alpha in each company.

Know more about consolidation method here:

https://brainly.com/question/14784134

#SPJ11

Garage Inc. has identified the following two mutually exclusive (i.e. it can only do one or the other but not both) projects with cash flows as outlined below. YYear Cash Flow(A) Cash Flow (B)0 -$43,500 -$43,5001 21,400 6,4002 18,500 14,7003 13,800 22,8004 7,600 25,200Without using excel-------What is the IRR for each project? Using the IRR decision rule, which project should the company select? IS this necessarily correct? If cost of capital (e.g. required return hurdle rate) is 11%, what is the NPV for each of these projects? Using the NPV rule, which project would the company select? Over what range of discount rates would the company choose project A? Project B? At what discount rate would the company be indifferent between these two projects? Explain.

Answers

The IRR for each project can be determined by finding the discount rate that equates the present value of the cash flows to zero. Without using Excel, we can calculate the IRR manually.

For Project A:

IRR = Discount rate that makes the present value of cash flows equal to zero.

Using the cash flows provided, we can solve for the IRR by trial and error or interpolation method. By applying these methods, we find that the IRR for Project A is approximately 9.46%.

For Project B:

Similarly, we can calculate the IRR for Project B by finding the discount rate that makes the present value of cash flows equal to zero. Again, using trial and error or interpolation, we find that the IRR for Project B is approximately 15.64%.

Using the IRR decision rule, the project with the higher IRR would be selected. Therefore, the company should select Project B.

However, it is important to note that the IRR decision rule may not always lead to the correct selection of projects, especially when cash flows exhibit unconventional patterns or multiple IRRs exist.

To calculate the NPV for each project, we discount the cash flows at the given cost of capital (hurdle rate) of 11% and subtract the initial investment.

For Project A:

NPV = (-$43,500) + ($21,400 / (1+0.11)^1) + ($18,500 / (1+0.11)^2) + ($13,800 / (1+0.11)^3) + ($7,600 / (1+0.11)^4)

NPV for Project A is approximately $2,542.39.

For Project B:

NPV = (-$43,500) + ($6,400 / (1+0.11)^1) + ($14,700 / (1+0.11)^2) + ($22,800 / (1+0.11)^3) + ($25,200 / (1+0.11)^4)

NPV for Project B is approximately $6,638.18.

Using the NPV rule, the project with the higher NPV would be selected. Therefore, the company should select Project B.

The company would choose Project A over a range of discount rates below approximately 9.46%, which is its IRR. Beyond that rate, Project B would be chosen. The company would be indifferent between these two projects at the discount rate of approximately 9.46%. At this rate, the NPV of both projects would be equal, making the decision between the two projects neutral.

learn more about "IRR":- https://brainly.com/question/29581665

#SPJ11

if the unit selling price is $16, the unit variable cost is $12, and fixed costs are $160,000, what are the break-even sales (units)?

Answers

The break-even sales (units) can be calculated using the following formula:

Break-even sales (units) = Fixed costs / (Unit selling price - Unit variable cost)

Plugging in the given values, we get:

Break-even sales (units) = $160,000 / ($16 - $12) = 40,000 units.

Therefore, the break-even point is 40,000 units. This means that the company needs to sell at least 40,000 units in order to cover all of its costs (both fixed and variable). Any sales above 40,000 units will result in a profit for the company, while any sales below 40,000 units will result in a loss.

Learn more about Break-even sales here:

https://brainly.com/question/31649579

#SPJ11

starware software was founded last year to develop software for gaming applications. initially, the founder invested $800,000 and received 8 million shares of stock. starware now needs to raise a second round of capital, and it has identified an interested venture capitalist. this ven- ture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. a. how many shares must the venture capitalist receive to end up with 20% of the company? what is the implied price per share of this funding round? b. what will the value of the whole firm be after this investment (the post-money valuation)?

Answers

The venture capitalist must receive 45,000,000 shares to end up with 20% of the company. The post-money valuation of the whole firm after this investment would be $5,000,000.

a. The venture capitalist wants to own 20% of the company after the investment. To determine the number of shares the venture capitalist must receive, we can set up the following equation:

Venture capitalist's shares / Total shares after investment = 20%

Let's denote the total shares after the investment as X. The venture capitalist will receive 20% of X, which is 0.20X. We know that the founder initially received 8 million shares, so the equation becomes:

0.20X = 8,000,000 + 1,000,000

Simplifying the equation, we find:

0.20X = 9,000,000

X = 9,000,000 / 0.20

X = 45,000,000

Therefore, the venture capitalist must receive 45,000,000 shares to end up with 20% of the company.

To calculate the implied price per share of this funding round, we divide the venture capitalist's investment of $1,000,000 by the number of shares received:

Implied price per share = Venture capitalist's investment / Number of shares received

Implied price per share = $1,000,000 / 45,000,000

b. The post-money valuation refers to the value of the whole firm after the investment. Since the venture capitalist invested $1,000,000 and received 20% of the company, we can calculate the post-money valuation using the following equation:

Post-money valuation = Venture capitalist's investment / Ownership percentage

Post-money valuation = $1,000,000 / 0.20

The post-money valuation of the whole firm after this investment would be $5,000,000.

To know more about venture capitalist, click here:

https://brainly.com/question/30469461

#SPJ11

find the effective interest rate per quarter at a nominal rate of 8ompounded (a) quarterly, (b) monthly, (c) weekly, (d) daily.

Answers

The effective interest rate per quarter is 8%, Nominal rate per month = 0.6667%, Effective interest rate per quarter with monthly compounding = 2.03%, Effective interest rate per quarter with daily compounding = 2.08%

To find the effective interest rate per quarter at a nominal rate of 8% compounded:

(a) Quarterly compounding:

The effective interest rate per quarter is equal to the nominal rate since compounding is already done on a quarterly basis. Therefore, the effective interest rate per quarter is 8%.

(b) Monthly compounding:

To calculate the effective interest rate per quarter with monthly compounding, we need to convert the nominal rate to a monthly rate first.

Nominal rate per month = Nominal rate per year / Number of compounding periods per year

Nominal rate per month = 8% / 12 months = 0.6667%

To find the effective interest rate per quarter with monthly compounding, we can use the formula:

(1 + Nominal rate per month)[tex]^Number of compounding periods per quarter - 1[/tex]

Effective interest rate per quarter with monthly compounding = (1 + 0.6667%[tex])^3[/tex] - 1 ≈ 2.03%

(c) Weekly compounding:

To calculate the effective interest rate per quarter with weekly compounding, we need to convert the nominal rate to a weekly rate first.

Nominal rate per week = Nominal rate per year / Number of compounding periods per year

Nominal rate per week = 8% / 52 weeks = 0.1538%

To find the effective interest rate per quarter with weekly compounding, we can use the formula:

(1 + Nominal rate per week)^Number of compounding periods per quarter - 1

Effective interest rate per quarter with weekly compounding = (1 + 0.1538%)^13 - 1 ≈ 2.03%

(d) Daily compounding:

To calculate the effective interest rate per quarter with daily compounding, we need to convert the nominal rate to a daily rate first.

Nominal rate per day = Nominal rate per year / Number of compounding periods per year

Nominal rate per day = 8% / 365 days = 0.0219%

To find the effective interest rate per quarter with daily compounding, we can use the formula:

(1 + Nominal rate per day)^[tex]Number of compounding periods per quarter - 1[/tex]

Effective interest rate per quarter with daily compounding = (1 + 0.0219%)⁹⁰- 1 ≈ 2.08%

Learn more about interest rate

https://brainly.com/question/28272078

#SPJ4

because this job was traditionally viewed as women's work, women in hollywood have long played important roles as

Answers

Women in Hollywood have played important roles due to the historical association of certain jobs, traditionally viewed as women's work, with the entertainment industry.

In the entertainment industry, certain jobs have been historically associated with women's work, leading to women playing important roles in Hollywood. For instance, positions such as costume designers, makeup artists, hair stylists, and wardrobe assistants have often been seen as jobs suitable for women. These roles are vital for creating the visual aesthetic and character development in films and television shows.

Costume designers are responsible for creating and selecting the attire worn by actors, while makeup artists and hair stylists contribute to the transformation and appearance of characters. Wardrobe assistants assist in the maintenance and organization of costumes. The expertise and creativity of women in these roles have significantly contributed to the overall production value and success of numerous films and television productions.

Over the years, the industry has recognized the immense talent and contributions of women in these traditionally female-dominated roles. Efforts have been made to promote gender equality and diversity in all aspects of filmmaking, encouraging more women to pursue careers in various departments, including writing, directing, producing, and other behind-the-scenes roles. This progress has allowed women to showcase their skills and expertise beyond traditional gender expectations, creating a more inclusive and diverse Hollywood landscape.

Learn more about Hollywood, below:

https://brainly.com/question/28091507

#SPJ11

a man invested 1/3rd of the sum at 7%, 1/4th at 8% and the remaining at 10% for one year. if the annual interest is 408, then the investment is 2 points a. p8,400 b. p5,600 c. p7, 200 d. p6,600

Answers

The initial investment was 7,200, and the answer is option (c).

Let the total sum of the investment be x. Then, the amount invested at 7% is (1/3)x, the amount invested at 8% is (1/4)x, and the amount invested at 10% is [(3/12)-(1/4)]x or (1/6)x.

Now, we can use the formula for simple interest to calculate the interest earned on each investment:

Interest at 7% = (1/3)x * 0.07 * 1 = 0.07x/3

Interest at 8% = (1/4)x * 0.08 * 1 = 0.02x

Interest at 10% = (1/6)x * 0.10 * 1 = 0.01x

The total interest earned is given as 408, so we can set up the equation:

0.07x/3 + 0.02x + 0.01x = 408

Simplifying and solving for x, we get:

x = 7,200

Therefore, the initial investment was 7,200, and the answer is option (c).

Learn more about  initial investment

https://brainly.com/question/14189182

#SPJ4

A company like PUMA’s corporate culture is concerned with Multiple Choice 1. the four multinational hubs that represent different national cultures. 2. its medley race to claim market share from Adidas and Reebok. 3. the sportswear industry's attractiveness as well as its competitive strength relative to that industry. 4. its values, ingrained attitudes, business principles, and ethical standards that management preaches and practices. 5. a drive to out-innovate and outpace its rivals.

Answers

PUMA's corporate culture is primarily concerned with its- 4. values, ingrained attitudes, business principles, and ethical standards that are preached and practiced by its management.

What does this do?

The company places a strong emphasis on innovation and outpacing its competitors, and this drive is evident in the way it approaches the sportswear industry.

While the company is certainly concerned with the industry's attractiveness and its competitive strength relative to other players, these factors are secondary to PUMA's commitment to its core values.

Additionally, PUMA operates with a global perspective, recognizing and celebrating the different national cultures that make up its multinational hubs.

Ultimately, PUMA's corporate culture is a reflection of its identity as a sportswear company that values creativity, excellence, and ethical conduct above all else.

Hence, the answer is option 4.

To know more about Corporate culture visit:

https://brainly.com/question/30975548

#SPJ11

Noble, Inc. acquires land for $56,000 cash. Additional costs are as follows.Removal of shed $ 300Filling and grading $1,500Broker commission $1,130Noble, Inc. will record the acquisition cost of the land as(1) $59,3700 2) $57,1303) $58,9304) $56,000

Answers

The correct answer to this question is option (2) $57,130.

What is the reason?

This is because the acquisition cost of the land includes not only the initial purchase price of $56,000, but also the additional costs associated with the acquisition, such as the removal of the shed, filling and grading, and broker commission.

When these costs are added to the purchase price, the total acquisition cost comes to $57,130.

It is important for companies like Noble, Inc. to accurately record the total cost of acquiring an asset, as this will impact the asset's value and the company's financial statements.

To know more on Investment visit:

https://brainly.com/question/15353704

#SPJ11

which of the following is true of a negative externality? question 12 options: a) the government can use subsidies to encourage firms to internalize the externality. b) some costs are borne by a third party. c) some benefits accrue to a third party. d) its existence always requires corrective measures by the government.

Answers

A negative externality is a situation where the production or consumption of a good or service imposes costs on a third party, who is not directly involved in the production or consumption of the good or service.

One of the defining features of a negative externality is that some costs are borne by a third party, which means that the party who is responsible for creating the externality does not fully pay for the costs of their actions. Because of the existence of negative externalities, corrective measures are often necessary to address the issue. These measures can include government regulation or intervention, such as taxes or other policies that discourage activities that generate negative externalities. Subsidies can also be used to encourage firms to internalize the externality, but this is only applicable in specific situations, such as when the government wants to encourage the production of a good that generates positive externalities. In general, negative externalities have negative effects on the economy and society as a whole, and it is necessary to take steps to minimize their impact.

Learn more about negative externality here: brainly.com/question/30087206

#SPJ11

what is the contract called that is issued to an employer for a group medical insurance plan?

Answers

The contract issued to an employer for a group medical insurance plan is called a "Group Health Insurance Contract." A Group Health Insurance Contract is a legally binding agreement between an insurance company and an employer that provides health insurance coverage to a group of employees.

Group Health Insurance Contract type of insurance is commonly offered by employers as part of employee benefits packages.

The Group Health Insurance Contract outlines the terms and conditions of the coverage, including the benefits provided, the premium rates, and the duration of the contract. It specifies the rights and responsibilities of both the employer and the insurance company.

Under a group medical insurance plan, the employer typically acts as the policyholder and pays the premiums on behalf of the employees. The contract may also include provisions related to the eligibility criteria for employees to participate in the plan, such as minimum hours worked or length of employment.

The Group Health Insurance Contract serves as a legal document that governs the relationship between the employer and the insurance company, ensuring that both parties fulfill their obligations and that employees receive the specified health insurance benefits as agreed upon in the contract.

Learn more about Health Insurance here :

https://brainly.com/question/28521072

#SPJ11

what is the typical shape of short run and lonng run average cost curves, and why? why is the long run average cost curve flatter than the short run average cost curve

Answers

In the short run, the average cost curve typically exhibits a U-shape, where the average cost initially decreases as output increases, reaches a minimum at some level of output, and then increases as output continues to increase.

This shape is due to the presence of fixed costs, which cannot be easily adjusted in the short run. As output increases, the fixed costs are spread over more units, leading to a decrease in average cost. However, once the optimal level of output is reached, the additional units produced require a higher proportion of variable costs, leading to an increase in average cost.

In the long run, all costs become variable, and firms have the flexibility to adjust their production processes and plant size. As a result, the average cost curve typically exhibits a flatter U-shape or a downward sloping shape. This is because firms can choose the optimal size and scale of production, leading to economies of scale and lower average costs as output increases. The flatter shape of the long run average cost curve compared to the short run average cost curve is due to the absence of fixed costs in the long run. Without fixed costs, all costs can be adjusted as output changes, allowing for a more gradual increase in average cost as output increases.

To know more about   average cost  click this link -

brainly.com/question/14415150

#SPJ11

the closing disclosure includes several required loan disclosures. which of the following is not one of the loan disclosures that a lender provides on a closing disclosure? The Closing Disclosure does not disclose the right of lender to change the loan interest rate.

Answers

The Closing Disclosure is a document that a lender must provide to a borrower at least three days prior to the closing of a mortgage loan.

It includes several required loan disclosures such as the loan amount, interest rate, monthly payments, and closing costs. However, the right of the lender to change the loan interest rate is not included in the Closing Disclosure. This information is typically outlined in the loan agreement or note, which the borrower receives prior to closing. It is important for borrowers to carefully review the Closing Disclosure and ensure that all the loan disclosures are accurate and in line with what was previously discussed with the lender.

To know more about Closing Disclosure visit:

https://brainly.com/question/13958061

#SPJ11

a police officer approached another officer with an offer to sell a car that was confiscated in a drug bust. what is this an example of?

Answers

This is an example of corruption, specifically, police corruption. The police officer is using their position of power and authority for personal gain, which is unethical and illegal. Confiscated items are supposed to be properly documented and handled by law enforcement agencies according to established procedures and regulations.

Selling confiscated property without proper authorization is a violation of the law and undermines the integrity of law enforcement agencies. Corruption can damage public trust in law enforcement and lead to a breakdown of the rule of law. It is important for law enforcement agencies to have systems in place to prevent and detect corrupt behavior and to hold those who engage in corrupt activities accountable.

To know more about corruption click this link -

brainly.com/question/15270178

#SPJ11

__________ measures the amount of profit earned by a company for each share of outstanding common stock.
A. Basic earnings per share (basic EPS) B. Diluted earnings per share (diluted EPS) C. Simple camnings per share (simple EPS) D. Return on shares outstanding (RSO) I
Previous question

Answers

The correct answer is A. Basic earnings per share (basic EPS) measures the amount of profit earned by a company for each  outstanding shares. This financial metric is widely used by investors and analysts to assess a company's profitability.

In more detail, basic EPS is a key indicator of a company's financial performance on a per-share basis. It provides insights into the company's ability to generate profits and distribute them to its shareholders. By dividing the net income attributable to common shareholders, which represents the earnings available to the owners of common stock, by the weighted average number of common shares outstanding, investors can determine how much profit is earned per share of stock.

The calculation of basic EPS takes into account the net income after deducting preferred stock dividends and any adjustments for stock splits or reverse stock splits during the reporting period. The weighted average number of common shares outstanding considers any changes in the number of shares throughout the period, such as share issuances or repurchases. By comparing the basic EPS across different periods or against industry peers, investors can assess the company's profitability trends and evaluate its financial health.

To learn more about shares outstanding click here : brainly.com/question/31866064

#SPJ11

carlisle transport had $4,822 cash at the beginning of the period. during the period, the firm collected $1,549 in receivables, paid $2,146 to supplier, had credit sales of $6,895, and incurred cash expenses of $500. what was the cash balance at the end of the period?

Answers

To calculate the cash balance at the end of the period, we need to consider the cash inflows and outflows during the period.

Given:

Beginning cash balance: $4,822

Cash collected from receivables: $1,549

Cash paid to suppliers: $2,146

Credit sales: $6,895

Cash expenses: $500

Let's calculate the cash balance at the end of the period:

Add the beginning cash balance to the cash collected from receivables:

Beginning cash balance + Cash collected from receivables = $4,822 + $1,549

Subtract the cash paid to suppliers and cash expenses:

(Beginning cash balance + Cash collected from receivables) - Cash paid to suppliers - Cash expenses

($4,822 + $1,549) - $2,146 - $500

$6,371 - $2,146 - $500

$3,725 - $500

$3,225

Therefore, the cash balance at the end of the period is $3,225.

Learn more about cash here:

https://brainly.com/question/31754110

#SPJ11

Which one of the following is not among the motivational practices and nonmonetary approaches commonly used by organizations to make their workplaces more appealing and spur strong employee commitment to the strategy execution process? Having knock-out facilities and providing an appealing workplace environment Attractive perks and fringe benefits and creating a work atmosphere in which there is genuine sincerity, caring, and mutual respect among workers and between management and employees Giving awards and public recognition to high performers and showcasing company successes Making it standard practice to compensate all employee fairly by granting each employee the same annual percentage increase in base pay and by also adding $100 to each employee's base pay for each year they have been employed by the company Generous financial rewards that include some combination of base pay increases, performance bonuses, profit sharing plans, stock awards, company contributions to employee 401(k) or retirement plans, and piecework incentives (in the case of production workers)

Answers

Among the mentioned practices, the one that is not commonly used by organizations to motivate employees and spur commitment to the strategy execution process is making it standard practice to compensate all employees fairly.

By granting each employee the same annual percentage increase in base pay and by also adding $100 to each employee's base pay for each year they have been employed by the company. This approach does not provide any incentive for employees to perform better, as it does not differentiate between high and low performers.

Motivational practices often include creating an appealing workplace environment, providing attractive perks and fringe benefits, fostering a work atmosphere with sincerity and mutual respect, giving awards and public recognition to high performers, and offering generous financial rewards tied to performance. These methods aim to encourage employee engagement and drive commitment to achieving organizational goals.

To know more about strategy execution visit:

https://brainly.com/question/14310801

#SPJ11

a face-to-face communication technique in which a manager goes to a work area and talks informally with employees about issues and concerns is .

Answers

The communication technique you are referring to is commonly known as "management by walking around" (MBWA). This technique involves a manager physically visiting the work area where their employees are located and engaging in informal conversations with them.

During these conversations, the manager can discuss various issues and concerns that may be affecting the work environment or the employees themselves. By being present in the work area and engaging with employees, the manager can gain valuable insights into the day-to-day operations of the business and identify areas for improvement. This technique is an effective way to build relationships with employees, increase communication and collaboration, and foster a positive work culture. It requires managers to be proactive, approachable, and attentive to the needs of their team members.

Overall, MBWA is a powerful tool that can help managers better understand their employees and improve overall organizational performance.

Know more about communication here:

https://brainly.com/question/22558440

#SPJ11

based on the information provided above, which of the following are mutually beneficial terms of trade at which both home and foreign nation will be willing to specialize and exchange?

Answers

To determine mutually beneficial terms of trade, we need more information about the home and foreign nations' opportunity costs of producing different goods or services. The concept of comparative advantage helps identify the terms of trade that benefit both parties.

Comparative advantage refers to a country's ability to produce a good or service at a lower opportunity cost compared to another country. The terms of trade should be such that both nations can specialize in the production of goods or services in which they have a comparative advantage and engage in trade to maximize their overall gains.

Without specific information about the opportunity costs or comparative advantages of the home and foreign nations, it is not possible to identify the mutually beneficial terms of trade. The terms of trade will depend on the relative efficiencies and costs of production in each country.

Know more about comparative advantage here:

https://brainly.com/question/13221821

#SPJ11

Which of the following is the LEAST critical area of expatriate preparation?
A) cultural training
B) language instruction
C) technical training
D) familiarity with everyday matters

Answers

In the context of expatriate preparation, the least critical area among the options provided would be D) familiarity with everyday matters. While all areas are important in ensuring a successful expatriate assignment, familiarity with everyday matters is generally less critical compared to cultural training, language instruction, and technical training.

Cultural training is crucial because it helps expatriates understand the customs, values, and norms of the host country. It enables them to navigate cultural differences, adapt their behavior, and avoid misunderstandings that could hinder their effectiveness. Language instruction is also vital as it facilitates effective communication with local colleagues, clients, and stakeholders. It allows expatriates to build relationships, convey their ideas accurately, and integrate into the local community.

Technical training is essential to ensure expatriates possess the necessary skills and knowledge specific to their roles. It equips them with the expertise needed to perform their job responsibilities and contribute to the organization's objectives. On the other hand, familiarity with everyday matters, while helpful, can often be learned through personal experiences and interactions with locals. It involves understanding local customs, transportation, local amenities, and other practical aspects of living in a foreign country. While important for expatriate comfort and well-being, it is generally considered less critical compared to cultural, language, and technical training, which directly impact professional performance and effectiveness.

To learn more about least critical area visit: brainly.com/question/30531374

#SPJ11

A commercial bank has $100 million in checkable-deposit liabilities and $12 million in actual reserves. The required reserve ratio is 10 percent. How big are the bank’s excess reserves?$100 million$88 million$12 million$2 million

Answers

The option D is the best alternative. The required reserve ratio is the percentage of checkable-deposit liabilities that a commercial bank must hold in actual reserves. In this case, the required reserve ratio is 10 percent, meaning that the bank must hold 10 percent of its checkable-deposit liabilities in actual reserves.

The bank in question has $100 million in checkable-deposit liabilities and, as stated, $12 million in actual reserves. To find the bank's excess reserves, we must subtract the required reserves from the actual reserves.
The required reserves are calculated by multiplying the checkable-deposit liabilities by the required reserve ratio (10 percent). In this case, the required reserves are $10 million (10% of $100 million).
To find the excess reserves, we subtract the required reserves from the actual reserves:
Excess Reserves = Actual Reserves - Required Reserves
Excess Reserves = $12 million - $10 million
Excess Reserves = $2 million
Therefore, the bank's excess reserves are $2 million.

to know about reserve ratio visit:

https://brainly.com/question/6831267

#SPJ11

the contract with the greatest risk to the seller is the a. time and material b. cost-plus-fixed-fee c. firm-fixed-price d. cost-plus-incentive-fee

Answers

The contract with the greatest risk to the seller is the time and material contract.

In a time and material contract, the seller is typically responsible for providing labor and materials based on the actual time spent and the cost of the materials used. This type of contract poses a higher risk to the seller because the final price is uncertain and can vary depending on the actual time and materials required to complete the project. If the project takes longer than expected or if the cost of materials increases, the seller may face higher expenses and lower profitability.

On the other hand, in a cost-plus-fixed-fee contract, the seller is reimbursed for the actual costs incurred and receives a fixed fee on top of that, providing some level of predictability for the seller's revenue.

To know more about time and material contract, click here:

https://brainly.com/question/30450013

#SPJ11

those insurance companies whose claims are ____ predictable need to maintain ____ liquidity. a. less; more b. more; more c. less; less d. none of these choices are correct.

Answers

The correct choice for the statement "those insurance companies whose claims are ____ predictable need to maintain ____ liquidity" is a. less; more.

Insurance companies whose claims are less predictable need to maintain more liquidity. This is because unpredictable claims pose a higher risk of sudden and unexpected payouts, requiring the insurance company to have sufficient funds readily available to fulfill its obligations.

By maintaining more liquidity, the insurance company can ensure it has the necessary cash reserves to cover any unforeseen claim payments. On the other hand, insurance companies with more predictable claims can operate with less liquidity.

Predictable claims allow for better estimation and planning, enabling the insurance company to allocate its resources more efficiently.

With a lower risk of sudden large payouts, these companies can maintain lower levels of liquidity without compromising their ability to meet claim obligations.

In summary, insurance companies with less predictable claims need to maintain more liquidity, while those with more predictable claims can operate with less liquidity.

To learn more about insurance, visit    

https://brainly.com/question/25855858

#SPJ11

Your assignment is to develop a PowerPoint presentation presenting your idea to LA DUNN VENTURE CAPITALISTS in order to obtain funding for your business. This business can be any type of company, real or fictional, existing or brand new. If you have ever wanted to be an entrepreneur, NOW is your chance! Have a dream of owning a business? Consider this my "gift" to you to give you the time and direction to create your business plan! Starting with a named, well- defined business: 1. State the company mission 2. Will there be a physical store or will you sell your items through the Internet (or both?) 3. What needs does your business fill and why is it different than other similar products? Why would the customer want to choose your business over competitors? Who are the potential customers for your product and why will they purchase it from you rather than your competitors? 4. How will you reach your potential customers? How will you let your potential customers know you are in business? 5. What form of business organization will you use and why? What steps will you take to obtain that form of organization? 6. What laws must you comply with regain the sale of this particular product or service? You will be expected to have a professional presentation, suitable for meeting with a venture capital firm to seek funding. You will be graded on development of required elements including needed research as well as your overall Powerpoint presentation .

Answers

The assignment to create a PowerPoint presentation presenting to create your business plan.

1. Company Mission :

to become the state's most reliable name in professional preparation for the fields of records and automation. To inspire students to pursue their dreams and create an environment that prepares them for the real world by focusing on their overall behaviour

2. Actual Store or Not :

Yes we will deal with both the perspectives. We will begin our focuses in the area urban communities of the state and for the understudies a long way from the city can get to the course from online stage. We will likewise run a prepared PC research facility van for those understudies who live far in the sloping territory

3. Needs:

People in the state of Uttarakhand are currently dealing with a serious problem with accurate information in records and mechanisation. The state's unemployment rate increased as a result. Students don't know anything about the commercial necessity.

It wouldn't be appropriate for them to work. The state's topographical situation is the primary cause of all these deficiencies. Over 70% of the state is comprised of sloping terrain. People in this area are impoverished. They are unable to control the price of the tuition fees.

4. Proposition:

So, in order to address this issue, we shall present a scenario involving current mechanisation and record-keeping preparation. We use online planning since the hilly area has internet connectivity to avoid the geological test. We will operate a van that will go to different schools and communities to provide free instruction to the vulnerable children on behalf of all public authority students and helpless students. Van will operate on a 15-day schedule to provide the essential PC information. On the odd occasion that a student wants specific training in the technology, he should go to the local community. Since no one is available with the van idea and the online programmes are also of low quality, moving in this direction sets us apart from the competitors.

5. Reach:

To educate the target market about the firm and its accomplishments, we will use cart micing for showcasing and lessons at the schools and colleges. We will get the opportunity to work closely with the students via teaching classes. We will provide interested students with a two-day free trial lesson. We will compile data on the chosen undergraduates from universities and conduct a cold pitch with them to familiarise them with the company's goals. We will do banner and gathering at the school's area during the period when students are concluding their academic year. As a startup, I believe we should have a level relationship with the lowest level. We must make sure that each representative is on board.

6. We'll apply for enrollment in the government-sponsored programme for public expertise enhancement and also sign up for the state government office. Due to these enlistments, we may easily choose to participate sometimes in public authority endeavours. We can increase transactions and brand perception in this way. We may provide free instruction to students and receive funding from the government.

Learn more about Business

https://brainly.com/question/27968241

#SPJ4

The two step buy-out is a recent merger plot that has which of the following characteristics?
A. It is negotiated in a social, rather than a business setting.
B. The acquiring firm offers to pay a very high price for the target company's stock, and a short time later announces another price which may be higher or lower.
C. The acquiring firm offers to pay a very high price for the target company's stock for a limited time only, after which it will pay a considerably lower price.
D. It forces stockholders to sell out./20

Answers

The two-step buy-out is a recent merger plot that has the characteristic of option B. The acquiring firm offers to pay a very high price for the target company's stock, and a short time later announces another price which may be higher or lower.

This type of buy-out is also sometimes referred to as a "topping bid" because the acquiring firm will offer a higher bid than the initial offer in order to outbid any other potential buyers. The two-step buy-out is often used in hostile takeovers, where the acquiring firm is looking to gain control of the target company without the approval of its board of directors. By offering a higher bid in the second step, the acquiring firm is hoping to persuade enough shareholders to sell their shares and gain control of the target company.

Overall, the two-step buy-out is a complex and often controversial tactic that requires careful consideration and negotiation on both sides.

Know more about shareholders here:

https://brainly.com/question/31687599

#SPJ11

True/False: supply chain perfect order fulfillment performance measures the average percentage of orders that are filled on or before the requested delivery date.

Answers

**True**, supply chain perfect order fulfillment performance measures the average percentage of orders that are filled on or before the requested delivery date.

The **supply chain perfect order fulfillment** performance is an important metric for evaluating the efficiency and effectiveness of a supply chain. This measurement takes into account various factors, such as order accuracy, damage-free delivery, and timely shipment, to determine the overall success of an order. By focusing on the percentage of orders that meet all these criteria, businesses can identify areas for improvement and strive for a higher level of customer satisfaction. In essence, a higher perfect order fulfillment rate indicates a more efficient and reliable supply chain.

know more about supply chain perfect order fulfillment, here:

https://brainly.com/question/29734522

#SPJ11

the scheduling method where the order and duration of the sequence of activities directly affect the completion date of a project refers to:

Answers

A scheduling technique where the order and duration of the sequence of activities directly affect the completion date of a project refers to a) critical path scheduling.

In critical path scheduling, the order and duration of the activities in a project are analyzed to determine the "critical path," which is the sequence of activities that must be completed on time in order for the project to finish on schedule. The critical path can be used to identify the tasks that are most critical to the project's success and to determine the minimum amount of time required to complete the project.

Gantt scheduling is a type of visual representation of a project schedule, while task management and activity scheduling are broader terms that encompass various techniques and tools for organizing and tracking tasks and activities. "Sequencing strategy" is a general term that can refer to any approach for determining the order in which tasks or activities should be performed. The correct option is a) critical path scheduling.

The complete question is:

A scheduling technique where the order and duration of the sequence of activities directly affect the completion date of a project refers to:

a) critical path scheduling.

b) Gantt scheduling

c) task management.

d) activity scheduling.

e) sequencing strategy.

For more about scheduling technique:

https://brainly.com/question/28144995


#SPJ4

Survey X asks respondents to express their impression of a given price for Product Y on a continuum between expensive and inexpensive. This type of attitude scale is known as a ________. A) Likert scale B) bipolar scale C) semantic differential scale D) behavior intention scale E) rank-order scale

Answers

The type of attitude scale that asks respondents to express their impression of a given price for a product on a continuum between expensive and inexpensive is known as a bipolar scale.

A bipolar scale is a type of attitude scale that measures the degree of agreement or disagreement with a statement by presenting opposing attitudes at opposite ends of a continuum. In this case, the continuum ranges from expensive to inexpensive, and respondents are asked to indicate their impression of the price of the product by placing a mark somewhere along the continuum.

A Likert scale is a type of attitude scale that measures the level of agreement or disagreement with a statement using a series of statements that are rated on a scale.

A semantic differential scale is a type of attitude scale that measures the meaning of an object or concept along several dimensions using opposite adjectives.

A behavior intention scale measures the likelihood that an individual will engage in a specific behavior in the future.

A rank-order scale asks respondents to rank a set of items in order of preference or importance.

Learn more about bipolar  here:

https://brainly.com/question/30029644

#SPJ11

To calculate the cumulative total of payments made toward the principal of a loan, you use the _____ function.​a.CUMIPMTb.PRINCc.CUMPRINCd.PMT

Answers

The correct function to calculate the cumulative total of payments made toward the principal of a loan is option c. CUMPRINC.

The CUMPRINC function in Excel is used to calculate the cumulative principal paid on a loan over a specific period. It takes various arguments, including the interest rate, the number of periods, the present value, the start period, and the end period. By using this function, you can determine the total amount of principal paid up to a particular period.

The CUMIPMT function (option a) is used to calculate the cumulative interest paid on a loan over a specific period. It is not suitable for calculating the cumulative principal payments.

The PRINC function (option b) is used to calculate the principal payment for a specific period of a loan. It does not provide cumulative information.

The PMT function (option d) is used to calculate the periodic payment amount for a loan but does not provide cumulative principal payments.

In conclusion, the correct function to calculate the cumulative total of payments made toward the principal of a loan is option c. CUMPRINC.

To know more about  payments, visit:

brainly.com/question/8401780

#SPJ11

a bond with an issue price of $10,100 and a face value of $10,000 was issued at ______.

Answers

A bond with an issue price of $10,100 and a face value of $10,000 was issued at a premium.

When a bond is issued at a premium, it means that the issue price of the bond is higher than its face value. In this case, the bond was issued at a premium of $100. The premium represents the additional amount that investors are willing to pay over and above the face value of the bond. It can occur when the bond's stated interest rate is higher than the prevailing market interest rate or when the bond is perceived to have more favorable terms or features.

The premium is typically determined by market forces and investor demand for the bond. Investors may be willing to pay a premium for a bond if they expect to receive higher interest payments or if they believe that the bond's price will appreciate in the secondary market.

The premium is accounted for as a separate component of the bond's carrying value, along with the face value. Over the bond's term, the premium is amortized, or gradually reduced, to align the bond's carrying value with its face value at maturity.

In summary, when a bond is issued with an issue price of $10,100 and a face value of $10,000, it indicates that the bond was issued at a premium of $100, reflecting the additional value that investors are willing to pay for the bond beyond its face value.

Know more about Issue price here:

https://brainly.com/question/13134570

#SPJ11

Other Questions
A block of wood weighs 160 N and has a specific gravity of 0.60. Tosink it in fresh water requires an additional downward forceof:A. 54 NB. 64 NC. 96 ND. 110 NE. 240 N subordinated notes and bonds are examples of a. primary capital. b. secondary capital. c. depository sources of funds. d. repurchase agreements. find the critical value for testing h 0 : = 18.38 versus h a : < 18.38 at significance level 0.005 for a sample of size 30. round your final answer to three decimal places. A garden is being renovated to include a circular fountain in the center of a rectangular grass-covered section. Thefountain's base will have a diameter of 15 feet. The rectangular grass-covered section will be 25 feet by 40 feet. Asketch is shown.40 ft15 ft25 ftSod, the grass that will be used to cover the rectangular section, costs $0.30 per square foot. What is the bestestimate for the cost of the sod needed to renovate the garden?O $90O $250O $300O $800 suppose that a simson line is perpendicular to one of the sides of the triangle. show that the pole must be one of the vertices of the triangle. Francisco goes to a store and buys an item that costs x dollars. He has a coupon for 15% off, and then a 8% tax is added to the discounted price. Write an expression in terms of x that represents the total amount that Francisco paid at the register. elements 72zn, 75as, and 74ge have the . question 8 options: same number of neutrons same number of neutrons and electrons same number of protons same number of protons and electrons L Surligne tous les organisateurs textuels dans le texte.2 Souligne toutes les reprises de l'information de Ferment.3.Remplis le tableau suivant afin d'analyser la structure de ce texte descriptif.IntroductionDveloppementConclusionSujet amenSujet posSujet divisAspect -Aspect =2Aspect -3Aspect #4SynthseOuvertureDivise les trois parties l'aide de barres obliques dans le texte.Spare ces deux parties l'aide d'une barre oblique dans le texte. For an F-curve with df = (9,7), use an F-distribution table to determine the two F-values that divide the area under the curve into a middle 0.95 area and two outside 0.025 areas. After the First World War, it was difficult to write a peace treaty according to Woodrow Wilson's Fourteen Points primarily because(A) the Great Depression caused the Allies to insist on reparations(B) the Allies had secret treated that conflicted with the Fourteen Points(C) Germany would not accept the Fourteen points(D) Wilson had disavowed the Fourteen Points after Germany resumed unrestricted submarine warfare(E) Wilson and his Fourteen Points were largely unknown in Europe In the short run production function of a firm, MC, ATC, and AVC curves are usually U Shaped because of:a. diminishing marginal product of variable input as output produced rises.b. increasing marginal productc. the fact that increasing marginal product follows decreasing marginal productd. the fact that decreasing marginal product follows increasing marginal product. what is the primary difference between factitious disorder and malingering? the supreme court in korematsu v. united states (1944) upheld executive order 9066, which had authorized the - 1. importance of indigenous industries and entrepreneurship in promoting nigerianization2. impact of foreign businesses and investments on local economies and communities3. income inequality and poverty reduction measures that can promote nigerianization4. role of foreign aid and development programs on promoting or hindering nigerianzation Which of the following trends have followed globalization? Select the two correct answers. A. an increase in the value of knowledge and information B. a rise in world poverty C. the flourishing of small businesses D. technological advancement E. greater national sovereignty peng company is considering buying a machine that will yield income of $2,200 and net cash flow of $15,000 per year for three years. the machine costs $45,900 and has an estimated $7,500 salvage value. compute the accounting rate of return for this investment. if the intensity of radiation 3.0 cm from a source is 300. mci, what is the intensity 1.0 cm from the source? one reason why india did not become a single imperial state during the postclassical period like china or the byzantine empire. Sufferers of _____ disorder avoid settings where others might judge them because of the fear that they may be evaluated negatively. Which set of radian angle measures is equivalent to sin^-1 (-1/2)a.2pi/3, 4pi/3b.5pi/4, 7pi/4c.7pi/6, 11pi/6d.pi/6, 5pi/6